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February 19, 2025

GBP/USD Strengthens as USD Weakens Amid Anticipation of UK CPI Data

The GBP/USD maintains its strength after experiencing losses in the previous session. Currently, it trades around 1.2610 during the Asian session on Wednesday. This resilience comes as traders eagerly await the release of the January Consumer Price Index (CPI) data from the United Kingdom, set for later today. Market sentiment remains focused on how these economic indicators will affect the Pound’s stability against the US Dollar.

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